Nasdaq 100 Index Fund Market Value

NASDX Fund  USD 38.73  0.62  1.63%   
Nasdaq-100 Index's market value is the price at which a share of Nasdaq-100 Index trades on a public exchange. It measures the collective expectations of Nasdaq 100 Index Fund investors about its performance. Nasdaq-100 Index is trading at 38.73 as of the 2nd of March 2025; that is 1.63 percent up since the beginning of the trading day. The fund's open price was 38.11.
With this module, you can estimate the performance of a buy and hold strategy of Nasdaq 100 Index Fund and determine expected loss or profit from investing in Nasdaq-100 Index over a given investment horizon. Check out Nasdaq-100 Index Correlation, Nasdaq-100 Index Volatility and Nasdaq-100 Index Alpha and Beta module to complement your research on Nasdaq-100 Index.
Symbol

Please note, there is a significant difference between Nasdaq-100 Index's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nasdaq-100 Index is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nasdaq-100 Index's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nasdaq-100 Index 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nasdaq-100 Index's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nasdaq-100 Index.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 2 days
03/02/2025
0.00
If you would invest  0.00  in Nasdaq-100 Index on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Nasdaq 100 Index Fund or generate 0.0% return on investment in Nasdaq-100 Index over 60 days. Nasdaq-100 Index is related to or competes with Nasdaq-100 Index, Nasdaq-100 Index, Fidelity Zero, Vanguard Russell, and Parnassus Endeavor. Under normal market conditions, the funds policy to invest at least 80 percent of its total assets in the stocks compris... More

Nasdaq-100 Index Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nasdaq-100 Index's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nasdaq 100 Index Fund upside and downside potential and time the market with a certain degree of confidence.

Nasdaq-100 Index Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nasdaq-100 Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nasdaq-100 Index's standard deviation. In reality, there are many statistical measures that can use Nasdaq-100 Index historical prices to predict the future Nasdaq-100 Index's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nasdaq-100 Index's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
37.5038.7439.98
Details
Intrinsic
Valuation
LowRealHigh
37.7138.9540.19
Details
Naive
Forecast
LowNextHigh
36.4037.6338.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.4340.0141.59
Details

Nasdaq 100 Index Backtested Returns

Nasdaq 100 Index has Sharpe Ratio of -0.0114, which conveys that the entity had a -0.0114 % return per unit of risk over the last 3 months. Nasdaq-100 Index exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nasdaq-100 Index's Risk Adjusted Performance of (0.05), mean deviation of 1.02, and Standard Deviation of 1.46 to check out the risk estimate we provide. The fund secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nasdaq-100 Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nasdaq-100 Index is expected to be smaller as well.

Auto-correlation

    
  0.08  

Virtually no predictability

Nasdaq 100 Index Fund has virtually no predictability. Overlapping area represents the amount of predictability between Nasdaq-100 Index time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nasdaq 100 Index price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Nasdaq-100 Index price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test-0.27
Residual Average0.0
Price Variance0.63

Nasdaq 100 Index lagged returns against current returns

Autocorrelation, which is Nasdaq-100 Index mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nasdaq-100 Index's mutual fund expected returns. We can calculate the autocorrelation of Nasdaq-100 Index returns to help us make a trade decision. For example, suppose you find that Nasdaq-100 Index has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Nasdaq-100 Index regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nasdaq-100 Index mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nasdaq-100 Index mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nasdaq-100 Index mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Nasdaq-100 Index Lagged Returns

When evaluating Nasdaq-100 Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nasdaq-100 Index mutual fund have on its future price. Nasdaq-100 Index autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nasdaq-100 Index autocorrelation shows the relationship between Nasdaq-100 Index mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Nasdaq 100 Index Fund.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Nasdaq-100 Mutual Fund

Nasdaq-100 Index financial ratios help investors to determine whether Nasdaq-100 Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nasdaq-100 with respect to the benefits of owning Nasdaq-100 Index security.
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